What is a good financial budget to start with for SFI?

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5179 votes
, () Top Author Forum Guru 6/17/2015 9:31 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Hi! William

How do you know when and where to invest to grow your business?

Every day we are faced with business decisions: how to spend our time, energy, and money in our business.

There are two main investments you can make to grow your business *time and money*.

If you’re starting your business on the side and you still have a full-time job, you might have more money and less time.

On the other hand you might be in the opposite situation
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5175 votes
, () Top Author Forum Guru 6/17/2015 3:47 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
A good budget to start with SFI would only require a bit of chump change. You basically don't need all that much to begin. I'd say put a few dollars aside (or whatever your native currency may be) for a Standing Order, namely the 125 T-Credit pack. That only costs 36 bucks and a quarter. Now if you want to kick in a few extra dollars for an S-Builder Co-op unit, then that will run you about $22 and some change.

In a nutshell, you'll only need around $50 to $80, tops.

Much
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5163 votes
Debra Lacye, EA (California, US) Top Author Forum Guru 6/16/2015 4:54 am
Affiliate since: 04/26/2002, Power Rank: 169 | Read Debra's 28 other Ask SC answers
If you have just joined, buy the New Member Pack. At least one of my upline bought five when this was first offered, but do this only if money is no object.

A good Standing Order would include at least the 125 TCredit pack (so that you wouldn't have to worry about reaching EA2 each month), and at least one share in S-Builder (that would also give you a discount on PSAs to Go).. If you have the money, also add at least one pack of thirty gift cards, you can also win these in our auctions.

You
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5158 votes
, () Top Author Forum Guru 6/20/2015 6:50 am
Affiliate since: 12/31/1969, Power Rank: 99999999
From personal experience, I think you should budget for 2 years with SFI before seeing a reasonable profit. I guess everyone has their own idea on what is a reasonable profit. That is for you to decide yourself.

Just picture yourself with a bricks and mortar store. You have to rent the store, pay staff, electricity and outgoings and buy stock to sell. This all costs money and you have to do this every single month. You would most likely be in a bricks and mortar business
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5153 votes
Naheed Akhter, Aff (Pakistan) Top Author Forum Guru 6/18/2015 5:47 am
Affiliate since: 02/23/2015, Power Rank: 99999999 | Read Naheed's 3 other Ask SC answers
Good question but in my opinion it depends on affiliate’s financial position. If he/she has enough money to invest then I recommend almost 90 dollars per month.
S.O 125 TCredits for $36.25
S.O S.Builder co-op (1 unit) for $22
S.O PSA to go (10 pack) for $35.45
If he/she has a low budget then he/she maintain his/her EA status just for $20 monthly he/she can buy 10 TCredits not a bulk, but only one TCredit just for $1.99 and he/she would get 102 SVP, and for 10 TCredits he/she
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5143 votes
Aina Lia, EA (Malaysia) Top Author Forum Guru 6/22/2015 4:33 am
Affiliate since: 10/01/2013, Power Rank: 75 | Read Aina's 157 other Ask SC answers
Really there’s no specific budget for anyone to start with SFI. Its very individual. It depends on your set goals, what you want to achieve with SFI.

Joining SFI is free with no obligations. You have the option to opt out anytime. However, if you think correctly, sticking or depending too much on ‘ free stuff’ may not be the best strategy for our online marketing business. You need to spend some money to get results.

With SFI, the minimum requirement to attain/maintain
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5124 votes
, () Top Author Forum Guru 6/16/2015 6:01 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
I think that all You have to do at the beginning is to place a standing order ( SO ) , and to invest some money in advertising to find more people and grow Your team. With SO You will get 1500 VP so You will be EA ( enough for beginning ) and paid advertising gives better results than free advertising especially now when there are many free ads on internet. You will get 120 T-credits too You can use in many ways. Or even take an auction.

When You find 5 more people who will do the same
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5117 votes
, () Top Author Forum Guru 6/16/2015 7:29 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Is quite discussions about the initial investment in the business! The fact is that the more we come to the entrances of fast profits, but there is little forcing and in terms of initial investment. We can now invest a lot of money and acquire leadership positions immediately ... but Why all that .... this is not the SFI is not in such a manner imagined! SFI gave us exactly the plan of progress in the company and plan for minimal investment brings great success. Some individuals do not read and do
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5095 votes
, () Top Author Forum Guru 6/16/2015 6:44 am
Affiliate since: 12/31/1969, Power Rank: 99999999
$36.25 for a 125 TCredit Pak is a great start! This instantly qualifies you for commissions so you can concentrate on other things, like building a Team!

Obviously, we are all different, so any budget for SFI has to be figured according to your overall family budget.

Just remember, this is a BUSINESS. Any business requires investment. This is your FUTURE. Your future is worthy of investment. Only you can decide the depth of that investment, according to your own level of
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5083 votes
Jerimy Smith, EA (Alaska, US) Top Author Forum Guru 6/18/2015 1:21 pm
Affiliate since: 04/17/2024, Power Rank: 1685 | Read Jerimy's 16 other Ask SC answers
Well, you can start out with $18.90 and then you can maintain for only $17.01 per month. Check out this very informative forum post which details exactly what to you need to do:

How to maintain your EA2 status for as low as $17.01: https://www.sfimg.com/forum/thread?id=1928

The key is keeping 1500VP to be able to take advantage of the Executive Benefits. After you have a few PSA's working for you, teach this to them and get yourself advanced to a Team Leader to earn matching
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